Seller's Agent in 2025
Roy Avellaneda
(617) 212-4658
1 in this area
107 Total Sales
41 Collins St Lynn, MA 01902
Fayette Street Neighborhood
6
Beds
2
Baths
2,799
Sq Ft
4,504
Sq Ft Lot
About This Home
As of June 2025Two-family home in the heart of Lynn! Great investor or owner occupant with rental income potential. The first-floor unit offers 2 bedrooms, beautiful hardwood floors, and a modern kitchen with an induction stove, center island, and built-in cooler. The bathroom features a double vanity, w/ convenience of in-unit laundry and gas heating.Upstairs, the two level second unit features hardwood floors 2 bedrooms and an additional room that’s perfect for a home office or walk-in closet. The kitchen is equipped with a gas stove and dishwasher, and in-unit laundry. On the third floor, you’ll find 2 more bedrooms, a storage room,—ideal for guests, extended family, or added rental flexibility.n Each unit has its own private entrance. The property includes 2 parking spaces with the potential to add more. Well-maintained in a convenient Lynn location close to shops, schools, and transportation! No showings until Open House Sunday 4/27/25
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,428
Year Built
- Built in 1830
Lot Details
- 4,504 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Parking Spaces
Home Design
- Brick Foundation
Interior Spaces
- 2,799 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Community Details
- 2 Units
- Net Operating Income $48,000
Listing and Financial Details
- Total Actual Rent $4,000
- Assessor Parcel Number M:096 B:505 L:023,1999678
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2025
Closed on
Jun 2, 2025
Sold by
Mamo Zewdu and Mekonnen Elizabeth
Bought by
Delcid Giovanni and Figueroa Claudia E
Seller's Agent
Roy Avellaneda
Buyer's Agent
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
List Price
$779,000
Sold Price
$810,000
Premium/Discount to List
$31,000
3.98%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,014
Avg. Annual Appreciation
-8.55%
Original Mortgage
$795,328
Outstanding Balance
$791,919
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
-$26,933
Purchase Details
Closed on
Oct 7, 2022
Sold by
Mamo Zewdu and Mekonnen Elizabeth
Bought by
Mamo Zewdu and Mekonnen Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 1, 2021
Sold by
Mekonnen Elizabeth and Zewdu Aster
Bought by
Mamo Zewdu and Mancini Joseph
Purchase Details
Listed on
Sep 28, 2018
Closed on
Jan 2, 2019
Sold by
Ephesus Llc
Bought by
Mekonnen Elizabeth and Melendez Alfonso
Seller's Agent
Mission Impossible Team
United Brokers
Buyer's Agent
James Fallica
Cameron Real Estate Group
List Price
$499,974
Sold Price
$529,900
Premium/Discount to List
$29,926
5.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$377,421
Interest Rate
4.8%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 31, 2018
Sold by
Green Joanne M
Bought by
Ephesus Llc
Purchase Details
Closed on
Nov 18, 1991
Sold by
Eugene Janvrin Est
Bought by
Barden Steven A and Antolin Carol J
Purchase Details
Closed on
Oct 1, 1979
Bought by
Green Joanne M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $810,000 | None Available | |
| Quit Claim Deed | $810,000 | None Available | |
| Quit Claim Deed | $810,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $529,900 | -- | |
| Quit Claim Deed | $529,900 | -- | |
| Quit Claim Deed | $529,900 | -- | |
| Quit Claim Deed | $529,900 | -- | |
| Quit Claim Deed | $350,000 | -- | |
| Quit Claim Deed | $350,000 | -- | |
| Quit Claim Deed | $350,000 | -- | |
| Quit Claim Deed | $350,000 | -- | |
| Quit Claim Deed | $350,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $30,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $795,328 | FHA | |
| Closed | $795,328 | FHA | |
| Previous Owner | $384,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $377,421 | FHA | |
| Previous Owner | $32,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $810,000 | +4.0% | $289 / Sq Ft | |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- | |
| 04/18/2025 04/18/25 | For Sale | $779,000 | +47.0% | $278 / Sq Ft | |
| 01/02/2019 01/02/19 | Sold | $529,900 | +6.0% | $171 / Sq Ft | View Prior Sale |
| 10/07/2018 10/07/18 | Pending | -- | -- | -- | |
| 09/28/2018 09/28/18 | For Sale | $499,974 | -- | $161 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,428 | $717,011 | $182,900 | $534,111 |
| 2024 | $7,029 | $667,500 | $173,800 | $493,700 |
| 2023 | $6,878 | $616,900 | $158,300 | $458,600 |
| 2022 | $6,960 | $559,900 | $135,400 | $424,500 |
| 2021 | $6,585 | $505,400 | $128,100 | $377,300 |
| 2020 | $5,237 | $390,800 | $119,000 | $271,800 |
| 2019 | $4,944 | $345,700 | $102,700 | $243,000 |
| 2018 | $4,519 | $298,300 | $94,900 | $203,400 |
| 2017 | $4,393 | $281,600 | $88,900 | $192,700 |
| 2016 | $3,975 | $245,700 | $76,300 | $169,400 |
| 2015 | $3,719 | $222,000 | $72,500 | $149,500 |
Source: Public Records
Agents Affiliated with this Home
-
Roy Avellaneda
-
Bessie Wright Ruiz
B
Seller Co-Listing Agent in 2025
Bessie Wright Ruiz
(617) 906-4003
1 in this area
3 Total Sales
-
Curtena Nguyen
C
Seller Co-Listing Agent in 2025
Curtena Nguyen
1 in this area
3 Total Sales
-
Yessenia Alvarado
Buyer's Agent in 2025
Yessenia Alvarado
Coldwell Banker Realty - Marblehead
(857) 333-9393
2 in this area
131 Total Sales
-
Mission Impossible Team
Seller's Agent in 2019
Mission Impossible Team
United Brokers
(781) 389-2906
2 in this area
207 Total Sales
-
J
Buyer's Agent in 2019
James Fallica
Cameron Real Estate Group
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73361623
APN: LYNN-000096-000505-000023
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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